Centene Corp., a major player in government-backed health coverage, reported better-than-expected earnings results on Tuesday, and credited growth in Obamacare customers as well as its acquisition of rival Health Net.
Speaking in an earnings call about the company’s first-quarter results, chairman and CEO Michael Neidorff said Centene had benefitted from participating in the Obamacare exchanges. The tone was different from some other health insurers who have said they are losing money through the program and have been worried about the uncertainty ahead regarding Republicans’ stated intent to repeal Obamacare.
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